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360 Madison Ave New York, N...

Stawski Partners Secures Mori Hamada & Matsumoto As Tenant At 360 Madison Avenue Office Space
LEASEDOffice

Stawski Partners Secures Mori Hamada & Matsumoto As Tenant At 360 Madison Avenue Office Space

360 Madison Ave New York, Ny 10017, Usa

Building Size

5,700 SF

Asset Type

Office

Closing

Jun 8, 2023

AI

Stawski Partners, the landlord of a New York office located at 360 Madison Avenue, has secured Mori Hamada & Matsumoto as its tenant. The office space, spanning 5,700 square feet, was leased in a deal facilitated by CBRE brokers Derrick Ades, Jared London, and Edward Goldman.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 360 Madison Avenue
  • Market: New York
  • Square Footage: 5,700
  • Landlord: Stawski Partners
  • Tenant: Mori Hamada & Matsumoto
  • Brokers: Derrick Ades, Jared London & Edward Goldman - CBRE

The professionals at CBRE, including brokers Derrick Ades, Jared London, and Edward Goldman, played a crucial role in facilitating the lease agreement between Stawski Partners and Mori Hamada & Matsumoto for the 5,700 square foot office space at 360 Madison Avenue in New York.

Players

Derrick Ades

CBRE

Broker

6 deals

Broker
Stawski Partners
Stawski PartnersLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93